02:00 PM EDT, 05/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target by $1 to $11, valuing AMCR at an EV/EBITDA of 9.2x our FY 26 EBITDA estimate, a discount to the weighted average (63% AMCR ownership post-merger; 37% BERY) three-year average forward EV/EBITDA of 9.6x (pre-merger AMCR: 10.7x; BERY: 7.7x) to reflect potential integration challenges with Berry, but a premium to the peer average of 9.0x. We keep our FY 25 EPS estimate at $0.74 and FY 26's at $0.83. AMCR had net debt-to-trailing-EBITDA of 3.5x as of March 31, 2025, while management expects the net leverage ratio to improve to 3.4x by June 30, 2025 and 3.0x by June 30, 2026. The company has completed the required refinancing of Berry's debt prior to closing the merger, alleviating, to an extent, our concerns of Berry's significant debt levels with upcoming maturities and substantial outstanding balances in high interest term loans. We maintain our Hold rating to reflect integration risks and AMCR's recent history of declining organic sales.